ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN
Overview
Plan Contact
- Address: 7822 ORLANDO AVE,LUBBOCK,TX
- Contact person: DAVID ALDERSON
- Phone: (806) 763-8041
Plan General Information
At the end of 2022, the total retirement plan assets of ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN is $5,289,769.This plan was established in 1996.
At the end of 2022, the total number of retirement plan participants in ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN is 311
In 2022, the average participant retirement account value for ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN is $17,008
In 2022, the estimated average employee contribution amount per participant for ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN is $1,462
In 2022, the estimated average employer match for an employee in ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN is approximately $1,705
In 2022, ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN allocates $530,273 to match its employees’ contributions, providing an employer match rate of 155.92% of their contributions
In 2022, the total retirement plan asset growth rate of ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN is 0.00%
In 2022, the estimated aggregate retirement account investment gain/loss for ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN is 180.83%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN is 0.28%.
Enrollment Features
ALDERSON ENTERPRISES, L.P. 401(K) PROFIT SHARING PLAN has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.